blue chip

¹

noun

1. Chiefly Poker.,  a blue-colored chip of high value.

2. a common stock issued by a major company that has financial strength, stability against fluctuations, and a good record of dividend payments: regarded as a low-risk investment.

3. a secure and valuable item or property held in reserve.

   The airfield was a blue chip in the struggle for military supremacy.

blue-chip

²

[bloo-chip]

adjective

1. of, relating to, or constituting a blue chip.

2. having outstanding or exemplary qualities within a specified category; leading.

   a group of blue-chip scientists; blue-chip stock.

blue chip

noun

1. a gambling chip with the highest value

2. finance

   1. a stock considered reliable with respect to both dividend income and capital value

   2. ( as modifier )

      a blue-chip company

3. (modifier) denoting something considered to be a valuable asset

Word History and Origins

Origin of blue chip¹

An Americanism dating back to 1900–05

Origin of blue chip²

First recorded in 1930–35